A company is evaluating a project that required the following types of material. MATERIAL IN STOCK...
Fantastic news! We've Found the answer you've been seeking!
Question:
Transcribed Image Text:
A company is evaluating a project that required the following types of material. MATERIAL IN STOCK NEEDED PURCHASE CURRENT FOR PURCHASE CONTRACT A BCDE C D 100 1,100 F 100 50,000 1,000 1,000 1,000 100 200 PRICE OF STOCK (RS.) 1.10 2.00 --- PRICE (RS.) 3.00 0.90 6.00 3.00 0.20 2.00 4.00 2.00 5,000 0.18 0.25 3,000 0.90 1.00 Material B and E are used regularly in the company. Material A could be sold to a local sculptor, if not used for the contract. Material A and E can be used for other purpose, such as property maintenance. Company has no use for material D and F, the stocks of which are obsolete. Required: Calculate the relevant cost of each material. CURRENT RESALABLE PRICE (RS.) 2.00 1.00 A company is evaluating a project that required the following types of material. MATERIAL IN STOCK NEEDED PURCHASE CURRENT FOR PURCHASE CONTRACT A BCDE C D 100 1,100 F 100 50,000 1,000 1,000 1,000 100 200 PRICE OF STOCK (RS.) 1.10 2.00 --- PRICE (RS.) 3.00 0.90 6.00 3.00 0.20 2.00 4.00 2.00 5,000 0.18 0.25 3,000 0.90 1.00 Material B and E are used regularly in the company. Material A could be sold to a local sculptor, if not used for the contract. Material A and E can be used for other purpose, such as property maintenance. Company has no use for material D and F, the stocks of which are obsolete. Required: Calculate the relevant cost of each material. CURRENT RESALABLE PRICE (RS.) 2.00 1.00
Expert Answer:
Answer rating: 100% (QA)
A B C MATERIAL A B D E T IN STOCK DE F G H NEEDED PURC... View the full answer
Related Book For
Posted Date:
Students also viewed these finance questions
-
A dollar today is worth more than a dollar in the future. The present value of a future dollar is worth less than one dollar. Are these two statements synonymous? Explain.
-
Explain why a dollar today is worth more than a dollar you will have in the future.
-
Explain the phrase a dollar today is worth more than a dollar tomorrow.
-
Compute for the fringe benefits tax due in the following scenarios. During 201A, Alpha Corporation gave the following fringe benefits to its employees: Salaries to rank and file employees P1,000,000...
-
The mean monthly rent of students at Oxnard University is $875 with a standard deviation of $219. (a) John's rent is $1,325. What is his standardized z-score? (b) Is John's rent an outlier? (c) How...
-
A firm will use increasing amounts of a resource until the ____________ of that resource is equal to its ________________ .
-
Convert the following to expressions with no negative exponent: 1. \(3^{4} \times 5^{-8}\) 2. \(a^{-9} \times b^{5}\) 3. \(\frac{7}{c^{-2}}\)
-
The United Mutual and Accident Insurance Company has a large pool of clerical employees who process insurance application forms on networked computers. When the company hires a new clerical employee,...
-
Consider these transactions: (Credit account titles are automatically indented when amount is entered. Do not indent manually. If no entry is required, select "No Entry" for the account titles and...
-
Using the results of Example 5.1, verify that the mode shapes satisfy the following relations, known as orthogonality relations: Data From Example 5.1:- Figure 5.6:- \(\vec{X}^{(1)^{T}}...
-
Question 3. [20 marks] The figure below depicts a 6 m long rod with diameter = 0.15 m. The rod is discretized into two elements of equal length numbered 1 and 2 as shown. T 300 C = 0.15 m h 1 3 T 3 m...
-
The radius of our Sun is 6.96x108 m, and its total power output is 3.85x1026 W. a. Assuming the Sun's surface emits as a blackbody, calculate its surface temperature. b. What is the Sun's peak...
-
How can IKEA minimize its weaknesses to protect itself from external threats ?
-
-x+3 if x < 2 #62 Consider the function G(x) = Find the value of each. If a limit does not x+1 if x 2 exist, state DNE. (Using the domain to figure out which rule to use) a) lim G(x)= x-2- b) lim...
-
Write a program that implements and uses a class called MyRectangle. Data items should include: length, width, color, and label. Define properties with appropriate accessor functions for each of the...
-
1. Roberta thinks that cycling is the best way to explore a new city. On her visit to Paris, she cycled 75 kilometers to get to her next Airbnb in the neighboring town. The town was due east of...
-
QUESTION 2On 1 October 2019, TR Traders obtained a R4 500 000 loan fromNedbank. The loan is repayable in ten (10) equal half-yearlyinstalments on 31 March and 30 September, commencing on 31 March2 1...
-
In Problems, solve each system of equations. x + 2y + 3z = 5 y + 11z = 21 5y + 9z = 13
-
What are the two basic classes of market failure? What would be an example of each?
-
What is the opportunity cost you incurred by going to college?
-
What are open-market operations? How are they conducted to fight inflation and recession?
-
Daniel Charon is the loan officer of the Georgian Bay Bank. Georgian Bay Bank has a loan of \($540,000\) outstanding from Regional Delivery Service Ltd., a company specializing in the delivery of...
-
For each of the following quality control procedures taken from the quality control manual of a medium-sized regional public accounting firm, identify the applicable element of quality control from...
-
In light of recent business failures, the public has expressed concern about the usefulness of the financial statement audit and the auditor's report. Because of these concerns, the accounting...
Study smarter with the SolutionInn App